Florence, OR is a beautiful city located on Oregon’s central coast. It offers a variety of amenities and activities for all types of people to enjoy. The cost of living is affordable compared to other cities in the US, with 2 bedroom rent averaging at $1,290 per month. Additionally, grocery costs are comparable to the US average with an index of 100. The city also has many popular local companies that contribute to its economy including Florence Marina & RV Park, Siuslaw Bank, and Florence Paint & Glass Co. With its excellent location and low cost of living, Florence is an ideal place to live and work.
Florence has an unemployment rate of 6.8%. The US average is 6.0%.
Florence has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 40.3%, which is higher than the US average of 33.5%.
Tax Rates for Florence
- The Sales Tax Rate for Florence is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Florence is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Florence
- The average income of a Florence resident is $24,139 a year. The US average is $28,555 a year.
- The Median household income of a Florence resident is $50,615 a year. The US average is $69,021 a year.